Macquarie upgrades target price to 55c, but should be more like 70+ cents, page-24

Setting aside the copyright issue, don't you find it incredulous that ASIC has a reg against posting a broker's report because it hasn't been released to the ASX?

The ASX and ASIC are there to ensure the market is kept informed. Keeping certain information private does not achieve that and, indeed, encourages possible insider trading.

Many people suspect that analysts from big instos get far more information from a company than the average shareholder could ever hope to get. While it may be argued that the information is there if you look for it, the point is that the average shareholder doesn't have the resources to uncover it, and so is not being kept fully informed. Where ASIC pursues companies that give out privileged information to analysts, they 0ften win, although the company usually just gets a slap on the wrist (remember NML?)

This reg is a joke and an affront to the principle of a fully informed market!